ipo

Solid reports have indicated for several months that Yandex, the popular Russian search engine, would file for an IPO sometime this year.  Now it seems that international problems have made it delay things until 2009 instead.

Blame the global economy for starters.  Unsteady markets and rising inflation have caused investors to become nervous, making them less likely to sink money into anything without a long and solid track record.  Yandex, which was founded in 1997 and became profitable in 2002, might not be embraced.

Russian property Yandex has both Yahoo and Microsoft beat in the European search market, and trounces Google, too, in its homeland.  Now, a report has indicated that Yandex (or at least its name) may travel to New York to raise $2 billion in an IPO.

read more

Again, Visa's IPO is helping to draw attention to what Congress is trying to do with the Credit Card Fair Fee Act - help bring some transparency to their credit card fees.

After working with the MPC for a while, I know that this is really an issue that is long overdue.

While it might be fun to discuss a toy with which kids should never be allowed to play, we're instead going to talk about a company that deals with online advertising.  Eyeblaster, as it's called, has filed for an IPO.

read more